Embracing Change: Energizer Hldgs Manages Decreased Performance and Adjusts Dividends
Portfolio Pulse from Benzinga Insights
Energizer Hldgs (NYSE:ENR) will pay a dividend of $0.30 per share on December 14, 2023, with an annualized yield of 3.59%. Shareholders eligible for this dividend must have held the stock before November 28, 2023. The company has maintained a stable dividend per share of $1.20 from 2019 to 2022. However, there's a concern due to a decrease in earnings per share from $3.14 in 2019 to $3.09 in 2022, which could impact future dividends. Kimberly-Clark (NYSE:KMB) leads the industry with a higher annualized dividend yield of 3.82%.
December 14, 2023 | 3:05 pm
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NEUTRAL IMPACT
Energizer Hldgs maintains a stable dividend despite a decrease in earnings per share, which could signal caution for future payouts.
While the stable dividend is positive, the decline in earnings per share could indicate potential challenges in maintaining future dividends, leading to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Kimberly-Clark leads the industry with the highest annualized dividend yield at 3.82%, outperforming Energizer Hldgs.
Kimberly-Clark's leading position in dividend yield could attract income-seeking investors, potentially having a positive short-term impact on its stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50